CDW Corp (CDW) stock

CDWNasdaqRetail-Catalog & Mail-Order HousesFiscal year ends December 31

Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 4, 2026Score 15/308% below fair value

$171.65−1.14 (-0.66%)

Close on Nov 13, 2026Market cap $21.46BP/E 20.0Yield 1.46%

CDW statistics

112 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: Feb 3, 2027 (estimated, before the open)
Last ex-dividend date: Nov 25, 2026
Fundamentals through: Sep 30, 2026
Share price as of: Nov 13, 2026

Valuation ratiosIndustry

Market Cap: $21.46B; $370.81M
Enterprise Value: $27.04B; $383.58M
PE Ratio: 20.03; 16.08
PS Ratio: 0.88; 0.55
PB Ratio: 8.14; 1.92
P/FCF Ratio: 22.98; 15.93
P/OCF Ratio: 20.39; 10.43

Enterprise valuationIndustry

EV / Sales: 1.10; 0.56
EV / EBITDA: 13.36; 12.19
EV / EBIT: 15.68; 12.99
EV / FCF: 28.97; 15.90

Share statisticsIndustry

Shares Outstanding: 125M; 41M
Shares Change (YoY): -3.53%; 1.85%
Shares Change (QoQ): -0.24%; 0.08%
Float: 124M; 36M
Shares Held by Insiders: 0.50%; 8.38%
Shares Held by Institutions: 107.8%; 43.9%

Short sellingIndustry

Short Interest: 8M; –
Short Interest Change: -6.14%; -1.30%
Short % of Float: 6.78%; 7.22%
Short % of Shares Outstanding: 6.75%; 5.07%
Days to Cover: 5.75; 4.89

Stock price statisticsIndustry

52-Week High: $175.19; –
52-Week Low: $97.12; –
20-Day Moving Average: $161.90; –
50-Day Moving Average: $150.71; –
200-Day Moving Average: $134.95; –
Average True Range (14): $7.55; –
Price Change (1 Week): 9.33%; 0.32%
Price Change (1 Month): 11.2%; -1.36%
Price Change (3 Months): 26.9%; -8.90%
Price Change (6 Months): 68.2%; -10.6%
Price Change (YTD): 26.0%; -22.1%
Price Change (1 Year): 16.5%; -13.6%
Price Change (3 Years): -21.4%; -4.16%
Price Change (5 Years): -10.2%; -70.7%
Price Change (10 Years): 251.9%; 23.3%
Average Volume (10 Days): 2M; –
Average Volume (20 Days): 2M; –
Average Volume (90 Days): 2M; –
Relative Volume: 0.87; 0.75
Relative Strength Index (14): 61.8; 50.0
Volatility (1 Year): 48.4%; 64.5%
Beta (5 Years): 0.97; 1.09

MarginsIndustry

Gross Margin: 21.0%; 39.8%
Operating Margin: 7.03%; -0.00%
Pretax Margin: 6.06%; -0.43%
Profit Margin: 4.48%; -0.21%
EBITDA Margin: 8.26%; 1.22%
FCF Margin: 3.81%; 1.47%

Returns on capitalIndustry

Return on Equity (ROE): 42.5%; -4.22%
Return on Assets (ROA): 6.32%; -1.49%
Return on Invested Capital (ROIC): 16.0%; -1.77%
Return on Capital Employed (ROCE): 16.3%; 2.78%

Financial positionIndustry

Current Ratio: 1.26; 1.16
Quick Ratio: 1.04; 0.44
Debt / Equity: 2.70; 0.63
Debt / EBITDA: 3.52; 2.78
Debt / FCF: 7.63; 3.75
Net Debt / EBITDA: 2.76; 1.47

GrowthIndustry

Revenue Growth (YoY): 10.9%; 6.73%
Net Income Growth (YoY): 4.55%; 30.3%
EPS Growth (YoY): 8.21%; 12.2%
FCF Growth (YoY): -7.45%; -7.45%
Revenue Growth (3Y CAGR): -1.89%; -1.38%
Revenue Growth (5Y CAGR): 3.96%; 4.80%
EPS Growth (3Y CAGR): -0.21%; -1.16%
EPS Growth (5Y CAGR): 8.19%; 8.06%

EfficiencyIndustry

Asset Turnover: 1.41; 1.46
Inventory Turnover: 25.41; 5.87
Revenue Per Employee: $98.07M; $404.74K
Profits Per Employee: $4.40M; -$2.22K
Employee Count: 250; 445
WACC: 8.77%; 9.40%

Income statement (TTM)Industry

Revenue: $24.52B; $351.39M
Gross Profit: $5.15B; $247.20M
Operating Income: $1.72B; -$128.01K
Pretax Income: $1.48B; -$578.22K
Net Income: $1.10B; -$578.22K
EBITDA: $2.02B; $185.52K
EPS (Diluted): $8.57; $0.00

Balance sheetIndustry

Cash & Short-Term Investments: $1.54B; $21.81M
Total Debt: $7.12B; $101.86M
Net Cash (Debt): -$5.59B; $10.47K
Net Cash Per Share: -$44.68; $0.00
Equity (Book Value): $2.64B; $21.07M
Book Value Per Share: $21.08; $0.78
Tangible Book Value: -$3.62B; $1.97M
Working Capital: $2.38B; $2.15M

Cash flow (TTM)Industry

Operating Cash Flow: $1.05B; $1.51M
Capital Expenditures: -$118.60M; -$13.63M
Free Cash Flow: $933.70M; $2.88M
FCF Per Share: $7.47; $0.12

Dividends and yieldsIndustry

Earnings Yield: 5.12%; 2.70%
FCF Yield: 4.35%; 2.87%
Dividend Yield: 1.46%; 0.99%
Buyback Yield: 3.75%; 1.47%
Shareholder Yield: 5.21%; 1.47%
Dividend Per Share: $2.50; $1.28
Dividend Growth (YoY): 0.80%; 9.59%
Years of Dividend Growth: 13; 0
Payout Ratio: 29.2%; 25.7%
FCF Payout Ratio: 34.4%; 28.2%

Taxes and interestIndustry

Income Tax: $385.80M; $1.14M
Effective Tax Rate: 26.0%; 22.2%

Scores and fair valueIndustry

Graham Number: $63.76; $20.77
Graham Upside: -62.9%; -24.1%
Altman Z-Score: 2.35; 2.09
Piotroski F-Score: 5; 5
Beneish M-Score: -2.34; -2.70
Lynch Fair Value: $70.22; –
Lynch Upside: -59.1%; 8.11%

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 13, 2026. The S&P 500 is measured by the SPY fund.

Period	CDW	S&P 500	Difference	CDW per year	S&P 500 per year
1 month	+12.9%	-3.0%	+16.0 pts
3 months	+21.4%	-2.8%	+24.2 pts
Year to date	+28.0%	+11.5%	+16.5 pts
1 year	+19.3%	+13.5%	+5.9 pts
3 years	-15.3%	+77.7%	−93.0 pts	-5.4%	+21.1%
5 years	-3.8%	+72.6%	−76.4 pts	-0.8%	+11.5%
10 years	+318.5%	+308.2%	+10.4 pts	+15.4%	+15.1%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

8M CDW shares were sold short on Oct 30, 2026, down 6.1% from the previous report, or 6.78% of the shares available to trade. At recent volumes it would take 5.8 days to buy them back. Over the last 20 sessions, 58.8% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	8,438,910	-6.1%	1,466,378	5.8
Oct 15, 2026	8,991,332	-3.5%	1,482,762	6.1
Sep 30, 2026	9,319,664	-1.9%	1,484,975	6.3
Sep 15, 2026	9,496,316	+4.5%	1,543,625	6.2
Aug 31, 2026	9,089,863	+9.9%	1,772,517	5.1
Aug 14, 2026	8,270,787	+0.9%	2,193,053	3.8
Jul 31, 2026	8,200,145	-16.2%	1,768,065	4.6
Jul 15, 2026	9,779,720	-11.7%	1,777,994	5.5
Jun 30, 2026	11,070,204	+14.3%	2,141,350	5.2
Jun 15, 2026	9,683,809	+9.2%	2,159,042	4.5
May 29, 2026	8,871,238	+0.8%	1,938,376	4.6
May 15, 2026	8,796,709	+25.1%	3,063,634	2.9